That’s a 2.8% increase week over week in outstanding units (from 178,350,000 to 183,350,000). The chart below shows the one year price performance of EWZ, versus its 200 day moving average:
Looking at the chart above, EWZ’s low point in its 52 week range is $30.6515 per share, with $47.85 as the 52 week high point — that compares with a last trade of $40.04. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average ».
The iShares MSCI Brazil ETF (EWZ) was trading at $40.15 per share on Friday afternoon, up $0.28 (+0.70%). Year-to-date, EWZ has declined -0.74%, versus a 2.48% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of ETF Channel.